How do you like to do business?
We have and old fashioned approach and our preference is always face to face. We pride ourselves in having clients all over the UK and Ireland. You can come to us or we are happy to make a home visit to you wherever you are. Alternatively if this is not important to you then everything can be done over the phone.
What are your fees?
Knight Wood Assets never charge their clients a penny. We introduce clients to developers and invoice the product providers directly for a set commission that does not affect the interest our client receives.
As a first time property buyer, what stamp duty should I expect to pay?
First time buyers, as of November 2017, do not have to pay any stamp duty on properties of £300,000 or less.
What is a leasehold?
With a leasehold, you own the property and its land for the length of your lease agreement with the freeholder. When the lease ends, ownership returns to the freeholder, unless you can extend the lease. Most flats are owned leasehold, with typical leaseholds being 99. 125, 500 & 999 years depending on location.
Are the properties managed or do I need to be an active landlord?
Our range of investment properties allow for you to be as hands-off or on as you wish. Speak to a member of our team to discuss what options we have for you.
Why should I use a managing agent?
Choosing a fully managed service allows you to completely relax. You never have to worry about the let. It creates a professional distance between you and the tenancy, and means you can avoid having to deal with all the bad bits like rent arrears and deposit disputes
What is the difference between an Interest Only mortgage and a Repayment Mortgage?
An interest-only mortgage allows you to pay just the interest charged each month for the term of the loan. You don’t have to repay the amount you’ve borrowed until the end of the term. However, with a repayment mortgage, you pay back a small part of both the loan and the interest each month.
What is meant by the term "Off-Plan"?
Off-plan is a property before a structure has been constructed upon it. Pre-constructions are usually marketed to real estate developers and buying off-plan enables investors to buy a property at a lower price than if they wait for construction of their chosen property to commence.
Gross yield & Net yield- What's the difference?
Gross yield is everything before expenses. It is calculated as a percentage based on the property’s cost or market value divided by the income generated by the property.
Net yield is everything after expenses. It takes into account all the fees and expenses associated with owning a property. As such, it is a far more accurate way of calculating actual yield.
What are your current featured properties?
Currently, our featured properties include Hadrian's Tower in Newcastle, and ONE BHM in Birmingham. Contact us now at info@knightwoodassets.com to learn more.
